A great multi-unit investment property & great cash flow! Has actual 6.1% CAP rate w/current income & expenses!! 2.1 acres of R-5 zoned land is ideal for a client looking for long-term cash flow, with big upside potential to develop into saleable homes in the future. Large parcels like this, with appropriate residential and not agricultural/conservation zoning, are rare to come by in this area. 8 older, plantation-style homes nestled on the plains below the gorgeous Waianae mountain range & steps to family-friendly Ma'ili Beach and Ma'ili Community Park. Rarely a day without sunshine, this coastal-town property epitomizes easy, country-living.? Immediately adjacent to Ma'ili Elementary School and Leeward Community College. 8 units; 7 structures total.
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